Globalization, Building An Inclusive World Economy

Globalization, building an inclusive world economy

Introduction

In recent years, the world economy has experienced profound changes. These changes have turned a national trade into a global trade, that is, practically a trade in which the market is everyone, defining this as globalization.

Globalization is an economic, technological, social and cultural process on a large scale, which consists of the growing communication and interdependence between the different countries of the world unifying their markets, societies and cultures, through a series of social, economic and political transformationsthat give them a global character. This is often identified as a dynamic process produced mainly by societies that live under democratic capitalism or liberal democracy and that have opened their doors to the computer revolution, folding at a considerable level of liberalization and democratization in their political culture, inits national legal, economic order, and in its international relations.

This phenomenon is characterized by the integration of local economies into a world market economy where production modes and movements are configured on a planetary scale becoming the role of multinational companies and the free circulation of capital together with thedefinitive implementation of the consumer society. (Saroza Hernandez)

Globalization increases and decreases cultural diversity

Globalization can increase or reduce cultural diversity.

It increases when external cultures are introduced by the power of communications and marketing, by immigration. It reduces whether foreign culture displaces the local. Both can generate problems.

A common objection against globalization argues that it causes cultural authenticity, or even dilutes the purity of a given culture. For example, the authors of the alternative report to economic globalization affirm that “commercial logos replace authentic local cultures as a primary source of identity. (O’Meara, Howard, & Krain, 1998)

Governments and peoples around the world are increasingcultural identity. (Barlow). The danger of a general acculturation towards the cultural models of the developed world and, especially, to the North American model appears as a constant in studies on globalization and culture.

Economic globalization has been accompanied by a process of expansion of the cultural models of the developed world, especially the American cultural model, all over the world. Slowly we have been integrating into our most entrenched tradition, customs, habits and languages that do not belong to our history, but are the result of that slow, but persistent cultural colonization that we identify as globalization.

It should be recognized that contact with other cultures, reciprocal influence between cultures is the engine of social and cultural change and the essence of the development of much of cultural products. A static and isolated culture is a dead culture, but a culture unable to resist such colonizing attack, is also a culture condemned to disappear over time.

This phenomenon of globalization has generated discomfort in certain cultures that have been affected by the loss of their identity, taking into account that powerful cultures can impose on them their model or pattern of life before society, this situation deserves attention if you have inAccount that the global integration generated by globalization, far from influencing only commercial and economic issues, affects all aspects of society.

Conclusions

1. The problem of globalization is that it seeks to unify markets, cultures, but not profits, globalization has made a McDonald’s in each country, but has also generated that a 12.9%suffer from chronic malnutrition, also the prevalence of it, according to the standard of the World Health Organization (WHO) is higher in the rural area (25.3%) than in the urban area (8.2%). Likewise, the malnutrition index that was reported is that in girls and boys with mothers without education or with primary studies (27.6%) and in the child population under three years of age (13.6%), according toINEI data of 2017 ”, Peru must get to work on social policies that mitigate these figures and to have children without malnutrition.
2. We need a new solidarity, equitable and more just globalization, that among the peoples there are ties of selfless aid and cooperation that promote an order where all the inhabitants of the planet have equal opportunities, conditions, and respect, take care of the environment, forthat life can prevail on the planet.
3. Global economic integration has helped reduce poverty and should not be reversed. But the world economy could be much more inclusive: the growth of global markets should not continue to pass over countries that accumulate a population of two billion people. Rich countries can do much more through direct financial aid and commercial policies to help marginalized countries to enter the path of integration, which has already proven to be effective for new countries in the process of globalization.
4. Social policies are needed where the person is considered as an inclusive user but not as a beneficiary, who goes with the changes that are currently being lived with globalization.

Bibliography

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